Thursday, 29 June 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 29 JUNE 2017

Naturalgas trading range for the day is 195.3-204.1. Naturalgas gained on fresh buying amid bullish weather forecasts that should provide a boost in demand for the fuel.Prices edged higher as updated weather forecasting models pointed to increased summer demand in the weeks ahead. Prices have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on summer heating demand.